What is import and export?

Import and export refer to the buying and selling of goods across international borders. Imports bring products into a country, while exports send products out to global markets. These activities help businesses expand globally and support international trade.

What are the steps of import and export?

The main steps of import and export include selecting products, identifying buyers or suppliers, preparing documents, shipping the goods, customs clearance, and receiving payments. These steps ensure smooth international trade.

What is Import Export Code (IEC)?

Import Export Code (IEC) is a 10-digit code issued by DGFT that is mandatory for any individual or business to start import-export activities. Without IEC, cross-border business operations cannot be performed legally.

Who can start an import export business in India?

Any individual, partnership, company, or LLP can start an import export business in India. Basic requirements include PAN, bank account, and obtaining an Import Export Code (IEC) from DGFT.

B2B Marketplace

Showing all posts under "B2B Marketplace" category.

B2B Marketplace 13 Jan, 2026

B2B Marketplace Guide: Meaning, Benefits & Growth Strategies

This in-depth guide explains everything you need to know about a B2B marketplace—what it is, how it works, its benefits, types, examples, and best practices...

Vaibhav Sharma

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